Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) Short Interest Update

Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 20,001 shares, an increase of 357.6% from the June 30th total of 4,371 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 23,845 shares, the short-interest ratio is currently 0.8 days.

Pacer Trendpilot US Mid Cap ETF Trading Up 0.4%

Shares of BATS PTMC opened at $41.04 on Friday. The firm has a market capitalization of $515.05 million, a price-to-earnings ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a one year low of $33.60 and a one year high of $41.87. The business has a fifty day simple moving average of $40.72 and a 200 day simple moving average of $38.96.

Hedge Funds Weigh In On Pacer Trendpilot US Mid Cap ETF

A number of hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers grew its stake in shares of Pacer Trendpilot US Mid Cap ETF by 2.7% in the 4th quarter. Cetera Investment Advisers now owns 444,102 shares of the company’s stock valued at $15,841,000 after purchasing an additional 11,655 shares during the period. Invenio Wealth Partners LLC raised its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 4.7% in the 3rd quarter. Invenio Wealth Partners LLC now owns 292,318 shares of the company’s stock worth $10,468,000 after buying an additional 13,204 shares in the last quarter. Empirical Finance LLC lifted its position in shares of Pacer Trendpilot US Mid Cap ETF by 496.6% during the 4th quarter. Empirical Finance LLC now owns 288,842 shares of the company’s stock worth $10,303,000 after buying an additional 240,431 shares during the period. Raymond James Financial Inc. lifted its position in shares of Pacer Trendpilot US Mid Cap ETF by 2.0% during the 2nd quarter. Raymond James Financial Inc. now owns 274,482 shares of the company’s stock worth $9,574,000 after buying an additional 5,349 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in Pacer Trendpilot US Mid Cap ETF by 4.4% in the 1st quarter. NewEdge Advisors LLC now owns 263,828 shares of the company’s stock valued at $9,648,000 after buying an additional 11,203 shares in the last quarter.

About Pacer Trendpilot US Mid Cap ETF

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.